Education is argued to be an important driver of the decision to start a business. The measurement of its influence … US. Theeffect of education on the decision to become self-employed is found to be strongly positive,much higher than the … estimated effect in case no instrumental variables are used. That is, thehigher the respondent's level of education, the greater …

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …

The literature estimating returns to education has often utilized spousal education and parental education as … IV estimates using parental education as an IV, but a negligible impact on those using spousal education. Using the …

Considerable effort has been exercised in estimating mean returns to education while carefully considering biases … variations from the "mean" return to education across the population with mixed results. In this paper, we use recent extensions … to education at different quantiles of the conditional distribution of wages while addressing simultaneity and …